Stocks that Float: TANKERS & DRY BULK SHIPPERS

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ITCL NOK 9.00 = $ 1.77

ITCL - Filing of Annual Reports on Form 20-F

Independent Tankers Corporation Limited (the "Company") announces that the following companies have filed the annual report on Form 20-F for the year ended December 31, 2007:

GOLDEN STATE PETRO (IOM I - A) PLC - Owner of Antares Voyager
GOLDEN STATE PETRO (IOM I - B) PLC - Owner of Phoenix Voyager
CALPETRO TANKERS (BAHAMAS I) LIMITED - Owner of Cygnus Voyager
CALPETRO TANKERS (BAHAMAS II) LIMITED - Owner of Altair Voyager
CALPETRO TANKERS (BAHAMAS III) LIMITED - Owner of Front Voyager
CALPETRO TANKERS (IOM) LIMITED - Owner of Sirius Voyager

The annual reports can be downloaded from the Company's website www.itcl.bm -> Investor Relations -> SEC Filings.

July 1, 2008

The Board of Directors
Independent Tankers Corporation Limited
Hamilton, Bermuda

Questions should be directed to:

Bengt Neteland: Vice President Finance, Frontline Management AS
[phone]

Published: 13:44 01.07.2008 GMT+2 /HUGIN /Source: Independent Tankers Corporation Limited /OSE: ITCL /ISIN: BMG4758V1000